Technical analysis by AzbelTrades about Symbol PAXG on 5/7/2025

On the Daily timeframe, the seller’s level at 3366.900, formed by the April 22nd bar, was broken by strong buying pressure and is currently being retested from above.On the Hourly chart, I’m observing a bullish wide-spread bar with the highest volume, which also broke through the 3366.900 level.📈This bar has its own test at 3349.745, which supports the bullish bias for now.As long as this level holds, I expect the long scenario to remain valid.Overhead, there is resistance from sellers at 3404.761.If price breaks above it, the next upside targets are:🎯3438.708🎯3500.120#TechnicalAnalysis #DayTrading #VSA #XAUUSD #GOLD # #FuturesTrading #VolumeSpreadAnalysis